The Senate Banking Committee is scheduled to hold a hearing Thursday on Kathleen Kraninger, President Donald Trump’s nominee to head the Consumer Financial Protection Bureau. The nomination is controversial because Kraninger has no consumer finance experience. Her work has been at the Office of Management and Budget, helping oversee homeland security. And her tenure there raises […]

The White House has tapped Mick Mulvaney’s replacement to run the Consumer Financial Protection Bureau, the consumer watchdog agency formed in the wake of the financial crisis. Kathy Kraninger is an associate director in the Office of Management and Budget, where Mulvaney has been her boss. Critics worry she has no experience with financial regulations […]

The president has picked his budget adviser Sylvia Mathews Burwell to head HHS.